The Money Mondays
What Does It Take to Become a Real Estate Investor in 2025? w/ Albert Preciado ποΈ EP106
27 Jan 2025
Full Episode
You can't force everybody to be successful. There's 8 billion people in the world. Not everybody wants to be like a billionaire. Like some people are happy just being average. Most people are.
Ladies and gentlemen, welcome to a special edition of the Money Mondays podcast. As you guys know, 99% of the episodes are filmed inside of an RV motorhome. We have done 106 episodes, 103 of them have been RV motorhome, but Albert Preciado said swing by the penthouse office here on Sunset Boulevard and I will set up the Money Mondays for you. So here we are.
making a special exception for my dear friend over here, Mr. Albert Preciado. So as you guys know, the way it works is we cover three core topics, how to make money, how to invest money, and how to give it away to charity.
So we're going to go through how did Albert build up a real estate company, mortgage company, sales company, training company, all these things up inside this penthouse over the last, what, five, six, seven, eight, nine, 10 years now?
I mean, it's really been 20 years. 20 years in the game. But as a business owner, 13 years. 13 years. All right.
So what we're going to do is, this is very important, we are going to break the mold of what you grew up with thinking that it's rude to talk about money. I think it's rude to not talk about it. And I've watched Albert break through and tell people about
why it's important to have money, why it's important to make money, why it's important to build up wealth inside of their society, inside of their households, etc. And so we're going to go into those type of questions. But first, Albert Preciado, give them the quick two-minute bio so we can get straight to the money.
You know, just a Mexican-American kid, first generation. I came here. My parents made me in Mexico, crossed the border for a better future, had me here. I was born here. I didn't speak English until I was seven. And former ESL student, special ed student, college dropout. Nobody gave me a shot to do anything in life. And then I just... dropped out of college, got into sales in mortgages.
I was selling mortgages. And then 13 years ago, I started my mortgage company. And then I made my first millions selling mortgages, real estate. And then I got into the whole social media, started my personal brand. And because of that, in 2021, I made $30 million in revenue for the first time. And ever since then, I've never looked back.
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